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...Jane Street noted in the document that the first-quarter figures had not yet been audited and could change. The firm declined to comment to the FT....
...Lloyds Banking Group is to be the lead investor in a £62mn fund that will back community development finance institutions, becoming the UK’s first high street bank to support the not-for-profit lenders that...
...US regulators have pointed to the failure this year of midsized lenders Silicon Valley Bank, Signature Bank and First Republic — three of the largest bank failures in US history — as proof that a review...
...Ricky Sandler, founder of US-based fund Eminence Capital and the first activist to go public with criticisms, has a seat on the committee alongside chair Barry Gibson and another board director....
...Paris has emerged as the biggest winner, with Wall Street banks such as JPMorgan and Bank of America choosing the French capital for their main post-Brexit European centre....
...Jane Street and Millennium did not immediately respond to requests for comment....
...But when historians look back at Wall Street’s response to climate change in the third decade of the 21st century, they will see much that looks deeply unwise....
...In the US, just $9.3bn in capital was raised in the first three months of this year, roughly a tenth of the total raised in 2023....
...But this week’s real action on taxes took place on Wednesday with the first official meeting of the International Tax Task Force....
...My first job on Wall Street more than two decades ago was as a sellside equity research analyst and we were obsessed with league tables....
...Jane Street’s quarterly trading revenues have surged to their highest level since the start of the pandemic, as the secretive high-speed firm flourished alongside traditional Wall Street market makers....
...State Street Global Advisors has warned investors they may face additional costs due to the firm’s approach to the upcoming change to T+1 settlement in the US....
...Mohit Goyal, a managing director at CVC Capital Partners in Mumbai, is leaving the private equity group just as it is making its push into India, Bloomberg reports....
...Legacy capital managers do not want to be caught flat-footed. Take Blue Owl Capital’s recent acquisition of Kuvare Asset Management for $750mn, which eventually could reach $1bn....
...Jad Comair, founder of digital asset investor Melanion Capital, bought his first bitcoin in 2013. “You had all these technological hurdles,” he said....
...to setting a bank’s capital....
...The firm’s total trading revenue for the first three quarters of 2023 was more than $15 billion, after accounting for dividends and interest among other items, the people said....
...In recent months Street has twice openly criticised Sunak. First, over the prime minister’s decision to cancel the northern leg of HS2 high-speed rail during the Tory party conference last October....
...Tech stocks led the broader market lower, putting Wall Street’s main equities gauges on course for their first back-to-back weekly drops since October....
...Jane Street declined to comment beyond the lawsuit....
...Although profits are expected to be lower for many this year, shares in some of them may get a boost if Basel III capital requirements turn out to be not as bad as feared....
...Basel III bank capital reforms, first proposed in July last year, have sparked an intense battle between banks and their regulators....
...Saudi Arabia will allow the public sale of alcohol for the first time in decades at a new shop in the capital Riyadh catering exclusively to non-Muslim diplomats....
...Japan’s sovereign development bank is investing in UK life sciences for the first time with funding for 4Bio Capital, a UK venture fund that backs advanced treatments such as cell and gene therapies....
...BT will this month launch its first roadside electric vehicle charging station, which will be connected to a street cabinet traditionally used for telecoms cables, as the FTSE 100 company seeks to tackle...
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